|
South America's No 1 market is...?
A new survey has revealed the most popular South American market for UK buyers...
Global Edge - the overseas property and marketing directory - recently carried out a comparative study in order to find out which locations were receiving the most internet searches from would-be property investors. Brazil came 22nd in a list of 101 destinations, making it the most popular location in South America as a whole.
This placed it ahead of many other investment hotspots across the world, including the Cape Verde islands, the Czech Republic and the Caribbean. However, the list was largely dominated by established Spanish holiday resorts such as the Costa del Sol, along with islands including Lanzarote and Tenerife.
A spokesperson for Global Edge commented: "Following the media has always been a good way of gauging up-coming demand and internet statistics can also provide useful insights."
Credit to Brazil
This result comes in the same month that Brazil’s credit rating has been upgraded to triple-B-minus by the Standards and Poor’s rating service to investment grade. The new rating carries the potential to attract levels of FDI which can cause significant economic change to Brazil’s fortunes and that of its people and property market.
A spokesperson for NuBricks commented: “The shift up from junk bond status to investment grade will encourage more investors into the Brazilian credit market and allow the government to raise finances on much more competitive terms. With greater economic prosperity comes an improved property market and the potential for capital growth”.
|